Average Rent in Cheyenne, WY and Rent Price Trends

Rent trends in Cheyenne, WY

Average rent prices in Cheyenne have increased by 4% over the last month and have increased by 16% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Cheyenne, WY

Rent prices in Cheyenne vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Cheyenne is $1,200, whereas a house costs $1,950. 1-bedroom apartments in Cheyenne run $1,000 on average, while 2-bedroom apartments are $1,200.


Studio	$900	25%	7%
1 bedroom	$1,000	13%	17%
2 bedroom	$1,350	1%	10%
3 bedroom	$1,700	2%	4%
4 bedroom	$2,350	No Change	10%

		Listings
Antelope Meadows	$1,495
Diamond Ranch	$1,300
Grandview Park	$1,200
Historic Cheyenne	$1,200
Hr Ranch	$1,565
Indian Hills	$1,200
Remington Ranch	$1,250
Rocking Star Ranch	$1,150
Sun Valley	$1,275
Western Hills	$1,250


Apartments	$1,200	5%	No Change
Condos	$1,587	1%	No Change
Houses	$1,950	3%	No Change

Studio

Average rent

$900

Last 30 days

25%

Last year

1 bedroom

Average rent

$1,000

Last 30 days

13%

Last year

17%

2 bedroom

Average rent

$1,350

Last 30 days

Last year

10%

3 bedroom

Average rent

$1,700

Last 30 days

Last year

4 bedroom

Average rent

$2,350

Last 30 days

No Change

Last year

10%

The table above reflects average rent prices in Cheyenne, WY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Cheyenne, WY compare to other cities?

Compare median rent prices in Cheyenne and Berthoud by all bedroom counts and property types.

Cheyenne

Median rent price$1,500

23%

lower than the national median

Median rent price$2,685

38%

higher than the national median

Takeaway

The median rent for all rentals in Cheyenne, WY is 44% lower than the median rent in Berthoud, CO.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,685

$2,450

$1,900

$1,695

$1,995

$1,440

$2,500

$1,149

$1,599

$1,695

$2,465

$2,682

Cost of living in Cheyenne, WY

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses accrued by most renters	Average cost compared to national average
Goods & Services	2% higher
Groceries	No difference
Health	3% higher
Housing	2% lower
Transportation	6% lower
Utilities	11% lower

Discover rentals in Cheyenne, WY

Age restricted

4d ago

7.5

Very good

Concord Village

1122 W Allison Rd, Cheyenne, WY 82007

1–2 beds

1 bath

$419–$976

Apartment for rent

4d ago

7.7

Very good

Lexington Hills

514 Desmet Dr, Cheyenne, WY 82007

2–4 beds

1–2 baths

$465–$550

Apartment for rent

1d ago

8.6

Very good

Hilltop

4600 4600-01-11-12 Hilltop Ave., Cheyenne, WY 82009

1–2 beds

1 bath

$800–$925

Apartment for rent

4h ago

9.1

Excellent

2608 House Ave

2608 House Ave, Cheyenne, WY 82001

2–3 beds

1–2 baths

$895–$1,150

Apartment for rent

4h ago

8.6

Very good

KingArthur4961 (KC-AM)

4961 King Arthur Way, Cheyenne, WY 82009

2 beds

1 bath

$895–$995

Apartment for rent

5d+ ago

7.9

Very good

Jefferson 1006

1006 E Jefferson Rd, Cheyenne, WY 82007

2 beds

1 bath

$925

Apartment for rent

Pershing Pointe Townhomes - Photo 1 of 1

1d ago

8.3

Very good

Pershing Pointe Townhomes

1900 Rainbow Rd, Cheyenne, WY 82001

2–4 beds

2 baths

$943–$1,238

Apartment for rent

5d+ ago

9.2

Excellent

1510 Taft Ave

1510 Taft Ave, Cheyenne, WY 82001

2 beds

1 bath

$950

Apartment for rent

Stay up to date with rental market insights

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Frequently asked questions for Cheyenne, WY

Quick answers to common questions about the Cheyenne rental market.

How much is rent in Cheyenne?

The average rent in Cheyenne is $1,500 per month as of May 23, 2026.

Is rent up or down in Cheyenne?

Average rent prices in Cheyenne have increased by 4% over the last month and have increased by 16% since last year.

How does Cheyenne rent compare to the national average?

Rent in Cheyenne is 23% below the national average, which means renters are paying approximately $450 less per month.

Which neighborhoods are most affordable in Cheyenne?

The most affordable neighborhoods in Cheyenne are Rocking Star Ranch ($1,150/mo), Historic Cheyenne ($1,200/mo), and Grandview Park ($1,200/mo).

What salary do I need to afford rent in Cheyenne?

To comfortably afford rent in Cheyenne, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Cheyenne?

Cheyenne's 2025 rental market shows 1-bedroom apartments averaging around $910 per month, while 2-bedroom units average around $1,200 per month. These figures represent the current pricing across Wyoming's capital city, with 2-bedroom apartments making up the largest share of available rentals at 43% of the market.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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